Department of Psychiatry Rises to #8 in NIH Ranking for Research Funding
We are pleased to announce that the Department of Psychiatry at the Icahn School of Medicine now ranks #8 in annual National Institutes of Health (NIH) funding according to the Blue Ridge Institute for Medical Research. In 2013, the Department received $22,096,558 in total funding—a 15 percent increase from $19,196,246 (#14 rank) in 2012.
We have also received numerous research awards from extramural sources that are not reflected in the NIH funding total. These include non-NIH federal awards (e.g., DOD, NSF, CDC); VA-administered grants (e.g., MIRECC, Merit Awards); and non-federal grants (e.g., foundation, industry). Last year, research funding in mental health totaled $3.3 million at our affiliated James J. Peters VA Medical Center.
Despite an adverse funding environment and fierce competition, our trajectory has been positive for the past four years. Most Institutes within the NIH are only funding the top 10th to 15th percentile of applications. Investigators are submitting more applications than ever before, just to maintain their current level of funding.
Our stellar growth reflects the combined successes of both our existing faculty and new recruits. The majority of new funding this past year has been attributed to the efforts of existing faculty, not the transfer of grants by new recruits. Some of the increase is a direct result of new grants to our junior investigators. We believe that our departmental mentoring program has contributed to these successes, and greatly appreciate the efforts of the mentors and mentees.
Congratulations to our outstanding faculty and staff whose hard work, innovation, and scientific leadership are responsible for this exceptional achievement. We are indebted to Eric Nestler, MD, PhD, Professor and Chair of Neuroscience, and Director of the Friedman Brain Institute, and Mount Sinai’s senior leadership, Kenneth L. Davis, MD, Chief Executive Officer and President of the Mount Sinai Health System, Dennis S. Charney, MD, Anne and Joel Ehrenkranz Dean, Icahn School of Medicine at Mount Sinai and President for Academic Affairs at the Mount Sinai Health System, for their unwavering support.
Wayne K. Goodman, MD
Chair, Department of Psychiatry and Behavioral Health System
Esther and Joseph Klingenstein Professor of Psychiatry and Professor of Neuroscience
Icahn School of Medicine at Mount Sinai